Pasvalio vandenys
UAB “Pasvalio vandenys” was registered on April 24, 1996. The main activities of the Company are water collection, treatment and distribution, sewage and waste disposal, sanitation and similar activities. Additional activities of the Company – plumbing works, property rental, which occupies a small part of the Company’s activities.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 1,617 | 1,684 | 1,666 | 2,067 |
| Cost of goods sold | 1,427 | 1,527 | 1,780 | 1,778 |
| Gross profit (loss) | 190 | 157 | -114 | 289 |
| Gross profit margin | 12% | 9% | -7% | 14% |
| Operating expenses | 206 | 213 | 258 | 327 |
| Operating profit (loss) | -17 | -56 | -372 | -38 |
| Operating profit margin | -1% | -3% | -22% | -2% |
| EBITDA | 417 | 426 | 247 | 465 |
| EBITDA margin | 26% | 25% | 15% | 22% |
| Net profit (loss) | 30 | 12 | -284 | 15 |
| Net profit margin | 2% | 1% | -17% | 1% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 13,336 | 13,144 | 13,210 | 14,430 |
| Intangible assets | 1 | 0 | 16 | 26 |
| Tangible assets | 13,335 | 13,144 | 13,194 | 14,404 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 401 | 444 | 330 | 372 |
| Inventories and prepaid expenses | 55 | 67 | 55 | 52 |
| Accounts receivable in one year | 193 | 221 | 196 | 245 |
| Other current assets | ||||
| Cash and cash equivalents | 153 | 156 | 78 | 75 |
| Total assets | 13,738 | 13,590 | 13,542 | 14,805 |
| Equity | 3,772 | 3,784 | 3,500 | 3,515 |
| Grants and subsidies | 8,463 | 8,088 | 7,507 | 8,472 |
| Liabilities | 1,503 | 1,718 | 2,536 | 2,818 |
| Financial liabilities | 1,063 | 1,147 | 1,166 | 2,134 |
| Long-term liabilities | 1,048 | 1,071 | 1,077 | 1,533 |
| Short-term liabilities | 455 | 647 | 1,458 | 1,286 |
| Equity and liabilities | 13,738 | 13,590 | 13,542 | 14,805 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 0% | 0% | -2% | 0% |
| Return on equity (ROE) | 1% | 0% | -8% | 0% |
| Return on capital employed (ROCE) | -0% | -1% | -8% | -1% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.08 | 0.08 | 0.09 | 0.14 |
| Current Ratio | 0.88 | 0.69 | 0.23 | 0.29 |
| Quick ratio | 0.76 | 0.58 | 0.19 | 0.25 |
| Turnover ratios | ||||
| Asset turnover | 0.12 | 0.12 | 0.12 | 0.14 |
| Fixed asset turnover | 0.12 | 0.13 | 0.13 | 0.14 |
| Equity turnover | 0.43 | 0.45 | 0.48 | 0.59 |
| Profitability ratios | ||||
| EBITDA margin | 26% | 25% | 15% | 22% |
| Operating profit margin | -1% | -3% | -22% | -2% |
| Net profit margin | 2% | 1% | -17% | 1% |
| Other ratios | ||||
| Dividends to the Municipality | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividends paid / net profit | 0.00 | 0.00 | 0.00 | 0.00 |
Expectations of the municipal
About the company
- Official nameUAB „Pasvalio vandenys“
- Legal formPrivate limited liability company (UAB)
- Company code169236961
- SectorWater utilities
- Line of businessUtilities: water
- Representing institutionPasvalys district municipality
- Share belonging to the Municipal100%
ROE
0.4%
Number of employees
43
Financial data provided as at end-December 2023
Management
- Algimantas MataitisChief Executive Officer
Information as of: 2024/06/14
